Research On Financial Support For The Development Of Xinjiang Agricultural Products Processing Industry

The rapid development of agricultural products processing industry plays a basic role in improving the level of agricultural industrialization and enhancing the international competitiveness of agriculture.The agricultural products processing industry in Xinjiang is in the primary stage of development,because of the advantages of rich agricultural resources,the speed of development is very fast.As a result,a large amount of money is urgently needed to adapt to the market and scale of management,but the financing of agricultural products processing industry is the biggest obstacle for its further development because of its own and external factors.In this paper,the financial support of the agricultural products processing industry in Xinjiang is a specific object of study,To improve the development of the agricultural products processing industry in Xinjiang by increasing financial services or increasing the inflow of funds and by meeting the funding gap of Xinjiang's agricultural products processing industry,we will accelerate the transformation of Xinjiang's agricultural processing industry from the primary stage of development to the further stage of high value-added and deep processing.This paper is based on the theory of economic growth and rural finance theory,discusses the relationship between agricultural products processing industry in Xinjiang and financial support,and principal component factor analysis from the Xinjiang agricultural product processing industry production scale,production efficiency,equipment,processing and conversion rate and asset status of five aspects,comprehensive evaluation of the industry development in Xinjiang agricultural products score,with the dependent variable industry development level of Xinjiang agricultural products,the agricultural loans as the market behavior of financial support to agricultural loans issued indicators,as the government behavior of financial support index,total debt issuance number of employees and the processing of agricultural products to financial institutions,the number of farmers as control variables,the empirical analysis of financial support including market behavior of financial support and government behavior and financial support of Xinjiang agricultural product processing industry development.Ring.According to the empirical results combined with the actual situation of Xinjiang,the Xinjiang is currently in the financial system,regional financial credit environment and agricultural products processing industry of their own problems,finally,this paper,from the direction of adjusting the market behavior of the financial support of the government,increase the intensity of financial support behavior put forward some countermeasures to promote Xinjiang agricultural product processing industry to improve the ecological environment the financial area and strengthen the four aspects of enterprise's own ability construction.Through the analysis,the following conclusions can be drawn: first,financial support can effectively promote the development of agricultural product processing industry in Xinjiang,and there is a long-term equilibrium relationship between them,showing a significant correlation.Ingeneral,the inflow of financial funds and the improvement of the level of financial services can both promote the development of the agricultural products processing industry in Xinjiang.Second,market financial support can improve the development level of Xinjiang's agricultural product processing industry.However,due to the lack of a comprehensive and efficient financial support system,Xinjiang has not yet formed a fully efficient support efficiency.Third,there is a negative correlation between Xinjiang agricultural product processing industry and financial support of government sexual behavior,and the correlation is very strong.However,Xinjiang's lack of support for agricultural product processing industry and lack of funds lead to its inability to meet the capital demand of agricultural product processing industry development.Fourth,the development potential of Xinjiang's agricultural product processing industry is constantly increasing,and the scale of market investment is expanding.In order to improve the regional financial environment,we should constantly strengthen the credit system and form a good investment environment.